Civic Intelligence

Armenia Fund USA Inc

EIN 13-3696515 • 501(c)3 • Long Island City, NY

Profile

To raise funds in the usa from armenians and non-armenians alike to implement development, educational, healthcare, and humanitarian projects, primarily in the republic of armenia, in underserved rural communities.

c/o Gohar Zeitlan 34-05 44th St 2ELong Island City, NY 11101

www.armeniafundusa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

5th percentile

-289%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

13th percentile

-67%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $96,303 (-100%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $94,103 (-100%) from 2020

Revenue

Down

$32,511

Down $67,342 (-67%) from 2020

Expenses

Up

$126,614

Up $109,826 (+654%) from 2020

Net Income

Down

-$94,103

Down $177,168 (-213%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,468,179Liabilities 2011: $9,418Net Assets 2011: $1,458,7612011Assets 2012: $1,227,326Liabilities 2012: $186Net Assets 2012: $1,227,1402012Assets 2013: $1,844,999Liabilities 2013: $790Net Assets 2013: $1,844,2092013Assets 2014: $1,428,784Liabilities 2014: $2,289Net Assets 2014: $1,426,4952014Assets 2015: $530,311Liabilities 2015: $971Net Assets 2015: $529,3402015Assets 2016: $584,540Liabilities 2016: $21,693Net Assets 2016: $562,8472016Assets 2017: $475,753Liabilities 2017: $11,397Net Assets 2017: $464,3562017Assets 2018: $119,651Liabilities 2018: $29,385Net Assets 2018: $90,2662018Assets 2019: $11,038Net Assets 2019: $11,0382019Assets 2020: $96,303Liabilities 2020: $2,200Net Assets 2020: $94,1032020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $768,2622011Expenses 2012: $1,011,6082012Revenue 2013: $1,260,445Expenses 2013: $643,376Net Income 2013: $617,0692013Revenue 2014: $644,269Expenses 2014: $1,061,983Net Income 2014: -$417,7142014Revenue 2015: $200,986Expenses 2015: $1,098,141Net Income 2015: -$897,1552015Revenue 2016: $1,756,495Expenses 2016: $1,706,305Net Income 2016: $50,1902016Revenue 2017: $391,459Expenses 2017: $495,133Net Income 2017: -$103,6742017Revenue 2018: $123,812Expenses 2018: $497,902Net Income 2018: -$374,0902018Revenue 2019: $19,509Expenses 2019: $98,737Net Income 2019: -$79,2282019Revenue 2020: $99,853Expenses 2020: $16,788Net Income 2020: $83,0652020Revenue 2021: $32,511Expenses 2021: $126,614Net Income 2021: -$94,1032021

Highlighted filing

2021

Revenue$32,511
Expenses$126,614
Net Income-$94,103

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Nov 30, 2021
Signed
Apr 20, 2022
Return Version
2021v4.0
Gross Receipts
$32,511
Mission and Program Overview

Mission

To raise funds in the USA from Armenians and non-Armenians alike to implement development, educational, health care, and humanitarian projects, primarily in the Republic of Armenia, in underserved rural communities.

Program Services

DescriptionGrantsExpenses
Upon the closure of Armenia Fund, USA, Inc., the remaining funds have beeb transferred to Armenia Fund, Inc, (a 501c(3) organization), in Glendale, CA.$120,122-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lilit VardanianInterim Brd Mem-$0--
Pertshouhi TorosyanInterim Brd Mem-$0--
Anoush TatevossianInterim Brd Mem-$0--
Michael HarutunianInterim Brd Mem-$0--
Oscar TatosianInterim Brd Mem-$0--
Annie PampaniniInterim Frd Mem-$0--
Vicki Shohag HovanessianInterim Brd Mem-$0--
Gohar ZeitlianInterim Brd Mem-$0--
Filing and Contact Details

Filer

Filer Name
Armenia Fund USA Inc
EIN
13-3696515
Phone
2126895307
Address
c/o Gohar Zeitlan 34-05 44th St 2E, Long Island City, NY 11101

Signing Officer

Name
Gohar Zeitlian
Title
CEO
Signed
2022-04-20
Discuss with paid preparer
Yes

Preparer

Firm
Neely Accountancy Corp
Address
17037 CHATSWORTH ST 208A, Granada Hills, CA 91344
Preparer
Thomas K Neely CPA
Phone
8183609800
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Armenia Fund Inc | Donee's Address: 111 N Jackson St #205 Glendale CA 91206 | Relationship of Donee: none | Cash Amount Given: $120122

Other Expenses.1

Termination expenses $2759

Other Expenses.2

Storage $1418

Other Expenses.3

Bank charges $1215

Total Liabilities.1

Allowance for termination expenses - Beginning $2200 Allowance for termination expenses - Ending $0

Raw XML Appendix187 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05392
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To raise funds in the USA from Armenians and non-Armenians alike to implement development, educational, health care, and humanitarian projects, primarily in the Republic of Armenia, in underserved rural communities.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Armenia Fund Inc | Donee's Address: 111 N Jackson St #205 Glendale CA 91206 | Relationship of Donee: none | Cash Amount Given: $120122
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